Binance and Stablecoins, FSA and ETF, Constantinople and Ethereum

At the Binance exchange, they launch trade in steamblock pairs, the FSA is studying the possibility of exchange-traded funds in cryptocurrency. Ethereum prepares for the hardtop Constantinople.

New Binance Financial Instruments

The administration of the Binance Cryptocurrency Exchange announced the upcoming launch of new trading instruments. Here they are ready to offer work with PAX, USDC, and TUSD pairs of stablecoins. Despite the fact that such coins have a fixed rate, their fluctuations in some cases reach significant values.

According to the observations of experts, stablecoins are subject to fluctuations of 1-5%. This difference will allow traders to earn with minimal risk. In addition, the new financial instrument will simplify the hedging of risks when working with other pairs. Their appearance is expected to attract major investors to the exchanges. It is crucial for them to obtain additional opportunities for capital protection.

Japan and Bitcoin ETF

According to Bloomberg, the Japanese regulator FSA is studying the issue of coordinating the exchange-traded fund that tracks digital financial assets. At the end of last year, it was decided to postpone consideration of the issue of allowing trade in cryptocurrency futures. Then the agency said that the revision of the law on securities at the moment could lead to excessively active speculation.

Until the end of January, the issue of the ETF fund should be considered by the American regulator. He has already twice postponed the approval of the application of the stock exchange operator VanEck and the blockchain-company SolidX, and now has to make a final decision. It is expected that news from the SEC will come no later than January 27. No matter what the US Securities and Exchange Commission decides, the market will be subject to serious volatility these days.

Hardfork Constantinople and New Coins

Between January 14 and 18, the planned hardfork of the Ethereum network will take place. This is the second attempt to update, after unsuccessful testing in November 2018. Now developers are sure - there will be no problems. But against this background, news came that three teams would try to launch their own coins during this period. Vision Classic, Nowa and ERC-20 projects will share their assets with Ethereum tokens owners.

Until the experts came to a consensus on the advisability of investing in these tokens and recommend caution. There are risks that scammers try to make money in a period of uncertainty. So, information about Ethereum Nowa came from a fake account, and contained a link to the Ethereum Foundation. However, they did not confirm the fact of cooperation with the new team.

LH-CRYPTO is an online service for crypto-traders

LH-CRYPTO is an online service for crypto-traders. The service is available to everyone, except for the citizens of particular countries and several categories of people listed in the License Agreement. LH-CRYPTO is a free software for making conversion operations with CFDs on various financial assets nominated in cryptocurrencies.

The project does not manage funds and does not guarantee profits. The project only offers a service that allows to make conversion operations with cryptocurrencies on a specially configured software.

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All the settlements in this project are processed solely in cryptocurrencies. Conversion operations are processed on the terms of margin trading without a direct supply of underlying assets. According to the generally accepted term, these operations are called operations with OTC (over the counter) CFDs (contracts for difference).

Trading with OTC CFDs involves considerable risks. We recommend you pay the utmost attention to both theory and practice of margin trading before making any of such operations.

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